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Exploration Development 2014 P1

  • 04/01/2014 -- PGNiG, Chevron reach Poland shale gas exploration agreement
    Polish state-owned PGNiG has entered into a collaboration agreement with Chevron Polska Energy Resources for the first stage of shale gas exploration in four licenses in southeastern Poland.
  • 03/31/2014 -- Beach Energy extends success in Cooper western flank
    Beach Energy Ltd., Adelaide, has extended its successful run of oil discoveries in the western flank Cooper-Eromanga basin play in South Australia with its Stunsail-1 wildcat.
  • 03/28/2014 -- Tullow advances Kenya exploration program
    Tullow Oil PLC has moved forward with exploration and appraisal activities conducted by four rigs operating on Blocks 10BB and 13T onshore Kenya.
  • 03/28/2014 -- Lundin completes appraisal wells for Johan Sverdrup
    Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has completed Johan Sverdrup appraisal wells 16/3-8 S and 16/3-8 S T2 in the eastern part of PL501 offshore Norway.
  • 03/28/2014 -- Kentucky: Daybreak begins 2014 drilling campaign
    Daybreak Oil & Gas Inc., Spokane, Wash., has drilled the first well in its 20-well development drilling program for the 2014-15 fiscal year at Twin Bottoms field in Lawrence County, Ky.
  • 03/27/2014 -- BLM seeks comments on Noble’s proposed Nevada gas exploration
    The US Bureau of Land Management is seeking comments on Noble Energy Inc.’s proposed natural gas exploration drilling on leases it holds in the Tabor Flats area west of Wells, Nev. It will accept comments through Apr. 27 on BLM’s environmental assessment and the Houston independent producer’s master surface use plan for the project, BLM’s Wells field office said.
  • 03/26/2014 -- Kansas-Missouri heavy oil area draws new operator
    Worthington Energy Inc., San Francisco, said it will attempt to recover heavy oil on the Barr Cattle Co. lease near Chetopa in southeastern Kansas.
  • 03/26/2014 -- Myanmar awards exploration blocks
    Myanmar’s energy minister has announced winners for 20 of the 30 offshore blocks that have been available since its auction launch in April 2013.
  • 03/24/2014 -- Statoil makes gas find on flank of Visund field in North Sea
    Statoil Petroleum AS has made a natural gas discovery on the northeast flank of Visund field in the northern part of the North Sea, the Norwegian Petroleum Directorate reported.
  • 03/24/2014 -- CNOOC makes natural gas discovery in Bohai Bay
    CNOOC Ltd. has made what it describes as a “mid-sized” natural gas discovery in the Bozhong 22-1 structure in the south-central region of Bohai Bay.
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BLM proposes higher onshore oil, gas royalty rates

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Letter to museums betokens nastiness of climate politics

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Activism has usurped science in the politics of climate change to the extent that its unhinged polemic discredits itself.

BHI: US rig count cut in more than half since Dec. 5

04/17/2015 The US drilling rig count fell 34 units—all on land—to 954 rigs working during the week ended Apr. 17, according to data from Baker Hughes Inc.

Oil Search decides on complete exit from Yemen

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Sydney and Port Moresby-based Oil Search Ltd. has decided on a complete exit from its acreage in Yemen.

API: US demand for petroleum rose in March, first quarter

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Petrobras tallies discoveries in Espirito Santo, Amazon basins

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Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

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Global LNG: Adjusting to New Realities

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Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

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US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

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The Future of US Refining

Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

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